FGNX Q2 2024 Earnings — FG Nexus Inc. Revenue & Financial Results | Market Cap Arena

FGNXFG Nexus Inc.

$55M

Q2 2024 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$5M+57.2% YoY

Gross Profit

-$345,000-6.6% margin

Operating Income

-$7M-127.0% margin

Net Income

-$6M-110.2% margin

EPS (Diluted)

$-27.50

QoQ Revenue Growth

+17.1%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$377,000

Balance Sheet

Total Assets

$98M

Total Liabilities

$38M

Stockholders' Equity

$59M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$3M	+57.2%
Gross Profit	-$345,000	-$909,000	+62.0%
Operating Income	-$7M	-$6M	-5.8%
Net Income	-$6M	-$5M	-9.7%

Revenue Segments

Product

$5M58%

Service

$3M42%